Glencore plc (LON:GLEN)
London · Delayed Price · Currency is GBP · Price in GBX 561.40
+16.10 (2.95%)
Oct 2, 2026, 4:35 PM GMT
Glencore Stock Forecast
Stock Price Forecast
According to 20 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 647p. The average 1-year stock price forecast is 15.25% higher than the current stock price, while the lowest is 475p (-15.33%) and the highest is 797p (+41.92%).
Price Target: 647p (+15.25%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 9 | 0 | 0 | 12 |
| Buy | 4 | 4 | 4 | 3 | 2 | 4 |
| Hold | 5 | 5 | 6 | 0 | 0 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Total | 19 | 19 | 19 | 3 | 2 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains 660p | Buy | Maintains | 660p | +17.56% | Sep 29, 2026 |
| UBS | UBS | Buy Upgrades 620p → 650p | Buy | Upgrades | 620p → 650p | +15.78% | Sep 25, 2026 |
Unknown Analyst Bernstein No rating | Bernstein | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Sep 15, 2026 |
| Freedom Capital Markets | Freedom Capital Markets | Sell Downgrades 530p | Sell | Downgrades | 530p | -5.59% | Sep 3, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates 590p → 600p | Buy | Reiterates | 590p → 600p | +6.88% | Aug 24, 2026 |
Financial Forecast
Revenue This Year
326.42B
from 247.54B
Increased by 31.87%
Revenue Next Year
287.18B
from 326.42B
Decreased by -12.02%
EPS This Year
0.60
from 0.20
Increased by 199.56%
EPS Next Year
0.60
from 0.60
Decreased by -0.17%
EPS and Forward PE are based on non-GAAP adjusted numbers.